Pricing of Future Contracts

Continued part 1, part 2 of ebook "Financial products: An introduction using Mathematics and Excel" provides readers with contents including: Chapter 5 - The forward rate, forward rate agreements, swaps, caps and floors; Chapter 6 - Options; Chapter 7 - Option pricing; Chapter 8 - Credit derivatives;...

215p mocthanhdao0210 20-11-2023 9 4   Download

Ebook Derivatives and risk management: Part 1 presents the following content: Evolution of Derivatives in India; Introduction to Derivatives; Forward Contracts; Future Contracts; Pricing of Future Contracts; Introduction to Options; Option Strategies and Pay-offs;...Please refer to the documentation for more details.

108p chankora 16-06-2023 1 0   Download

Ebook Financial derivatives: Part 1 presents the following content: Introduction to Derivatives; Derivatives Market in India; Introduction to Forward Contracts; Introduction to Future Contracts; Introduction to Options; Valuation and Pricing of Options;...Please refer to the documentation for more details.

124p chankora 16-06-2023 8 2   Download

Ebook Financial theory and corporate policy - Part 1 includes contents: Chapter 1 Introduction: Capital markets, consumption, and investment; Chapter 2 Investment decisions: The certainty case; Chapter 3 More advanced capital budgeting topics; Chapter 4 The theory of choice: Utility theory given uncertainty; Chapter 5 State-preference theory; Chapter 6 Objects of Choice: Mean-variance uncertainty; Chapter 7 Market equilibrium: CAPM and APT; Chapter 8 Pricing contingent claims: Option pricing theory and evidence; Chapter 9 Futures contracts and markets; Chapter 10 Efficient capital markets: ...

370p haojiubujain01 06-06-2023 5 2   Download

Ebook Copeland's financial theory and corporate policy: Part 1 presents the following content: Introduction: capital markets, consumption, and investment; investment decisions: the certainty case; more advanced capital budgeting topics; the theory of choice: utility theory given uncertainty; state-preference theory; objects of choice: mean-variance uncertainty; market equilibrium: CAPM and APT; pricing contingent claims: option pricing theory and evidence; futures contracts and markets; efficient capital markets: theory. Please refer to the documentation for more details.

370p runthenight03 07-12-2022 11 6   Download

This study analyzes the causal relationship between oil prices and production costs and their implication over hedging in production companies. Two different data sets have been used as a proxy for production costs: (1) monthly product price index related to oil activities from the Bureau of Labour of Statistics; (2) yearly data obtained from reports of publicly traded oil companies. For the oil price, different future contracts of Brent (1M, 12M, 24M, 60M) have been explored.

9p caygaocaolon11 18-04-2021 21 1   Download

On April 21st 2020, for the 1st time in the word’s history, the price of oil contracts for May delivery in the US dropped sharply to below 0 USD and stopped at a negative price as of 37.63 USD/barrel. The world oil market really fell into crisis, which had a significant impact on the oil industry of Vietnam. This article focuses on analyzing and clarifying the essence of “negative oil price” as well as the world oil market crisis and its impacts on the petroleum market in Vietnam.

9p caygaocaolon11 18-04-2021 12 2   Download

In this chapter, students will be able to understand: Derivatives transfer risk from one person or firm to another; futures contracts are standardized contracts for the delivery of a specified quantity of a commodity or financial instrument on a prearranged future date, at an agreed-upon price; options give the buyer (option holder) a right and the seller (option writer) an obligation to buy or sell an underlying asset at a predetermined price on or before a fixed future date;...

46p tradaviahe15 23-02-2021 17 2   Download

The previous chapter provided a basic introduction to the operation of futures markets and the principles of futures pricing. This chapter explores both pricing and risk management in selected futures markets in more depth. Most of the growth has been in financial futures, which now dominate trading, so we emphasize these contracts.

21p nanhankhuoctai1 29-05-2020 17 2   Download

This chapter describes the workings of futures markets and the mechanics of trading in these markets. We show how futures contracts are useful investment vehicles for both hedgers and speculators and how the futures price relates to the spot price of an asset. We also show how futures can be used in several risk-management applications. This chapter deals with general principles of future markets. Chapter 23 describes specific futures markets in greater detail.

20p nanhankhuoctai1 29-05-2020 30 1   Download

Corporations must cope with fluctuations in interest rates, commodity prices, and exchange rates. This chapter discusses how they do it, with particular attention paid to financial instruments such as futures contracts, options, and swap agreements.

39p nanhankhuoctai3 25-05-2020 16 3   Download

Chapter 19 - Futures contracts and forward rate agreements. In this chapter, you will: Consider the nature and purpose of derivative products, outline features of a futures transaction, review the types of futures contracts available through a futures exchange, identify why participants use derivative markets and how futures are used to hedge price risk,...

49p nanhankhuoctai2 25-05-2020 16 2   Download

Corporations must cope with fluctuations in interest rates, commodity prices, and exchange rates. This chapter discusses how they do it, with particular attention paid to financial instruments such as futures contracts, options, and swap agreements.

20p thuongdanguyetan03 18-04-2020 16 2   Download

Chapter 8 - Fundamentals of the futures market. This chapter presents the following content: The concept of futures contracts, market mechanics, market participants, the clearing process principles of futures contract pricing, spreading with commodity futures.

60p thuongdanguyetan03 18-04-2020 12 1   Download

Chapter 11 - Fundamentals of interest rate futures. The main contents of the chapter consist of the following: Interest rate futures; treasury bills, eurodollars, and their futures contracts; hedging with eurodollar futures; treasury bonds and their futures contracts; pricing interest rate futures contracts; spreading with interest rate futures.

56p thuongdanguyetan03 18-04-2020 14 1   Download

Policyholder capability to easily and promptly change their insurance cover, in terms of contract conditions and provider, has substantially increased during last decades due to high market competency levels and favourable regulations. Consequently, policyholder behaviour modelling acquired increasing attention since being able to predict costumer reaction to future market’s fluctuations and company’s decision achieved a pivotal role within most mature insurance markets.

30p cothumenhmong4 24-03-2020 42 4   Download

This paper examines the effects of time to maturity, volume and open interest on the price volatility of futures contracts in Turkish derivative markets. The determinant of volatility is tested using conditional variance models during the period from January 2, 2008 to June 30, 2015. The sample set consists of 457 futures contracts backed by gold, currency, indices and single stocks. Empirical results show that the time to maturity, volume and open interest significantly impact the volatility of futures contracts. It is found that as the maturity date approaches, volatility increases.

13p trinhthamhodang2 21-01-2020 21 1   Download

Chapter 19 - Futures contracts and forward rate agreements. In this chapter, you will: Consider the nature and purpose of derivative products, outline features of a futures transaction, review the types of futures contracts available through a futures exchange, identify why participants use derivative markets and how futures are used to hedge price risk,...

49p shiwo_ding8 29-06-2019 26 2   Download

The main contents of this chapter include all of the following: Background on financial futures, interpreting financial futures tables, valuation of financial futures, explaining price movements of bond futures contracts, speculating with interest rate futures, closing out the futures position.

44p shiwo_ding6 30-05-2019 42 4   Download

Chapter 12, evaluating project economics and capital rationing. Corporations must cope with fluctuations in interest rates, commodity prices, and exchange rates. This chapter discusses how they do it, with particular attention paid to financial instruments such as futures contracts, options, and swap agreements.

38p shiwo_ding6 25-05-2019 23 3   Download